J.P. Morgan analyst Anthony Elian maintains $Zions Bancorp (ZION.US)$ with a hold rating, and adjusts the target price from $65 to $62.
According to TipRanks data, the analyst has a success rate of 28.6% and a total average return of -6.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Zions Bancorp (ZION.US)$'s main analysts recently are as follows:
As the Q4 earnings season for regional banks approaches, expected fundamental trends include minimal loan and deposit growth, a slight decline in net intercessor margins, and stable overall credit trends. Beyond the immediate results, the outlook towards 2025, which likely reflects the ongoing 'higher for a bit longer' interest rate scenario, will be a key focus area. The sentiment towards regional bank stocks in 2025 remains positive, although moderated by expectations regarding the Federal Reserve's less aggressive stance on rate cuts.
Zions Bancorp is well positioned for the next cycle phase, potentially benefiting from net interest margin expansion as it re-prices deposits lower and gains from fixed rate asset re-pricing. Additionally, the bank could benefit from an uptick in commercial loan growth and is likely to gain from a slightly asset sensitive balance sheet. It is expected to achieve positive operating leverage in 2025, which should aid in improving operating efficiency and returns.
Analysts are optimistic about bank stocks looking towards 2025, expecting that earnings growth will accelerate due to improved loan growth, heightened activity in capital markets, the resurgence of positive operating leverage, and ongoing share buybacks. The anticipation is that price-to-earnings multiples will expand based on a robust economic environment, lessened regulatory constraints, enhanced returns, and the potential for mergers and acquisitions. Large-cap banks are predicted to keep surpassing market performance as earnings growth picks up speed.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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摩根大通分析師Anthony Elian維持$齊昂銀行 (ZION.US)$持有評級，並將目標價從65美元下調至62美元。
根據TipRanks數據顯示，該分析師近一年總勝率為28.6%，總平均回報率為-6.4%。
此外，綜合報道，$齊昂銀行 (ZION.US)$近期主要分析師觀點如下：
隨着區域型銀行第四季度業績季的臨近，預期的基本趨勢包括貸款和存入資金的增長有限，凈利息收益率有所下降，以及整體信貸趨勢穩定。除了即時結果之外，對2025年的展望，可能反映出持續的「利率較高一段時間」情境，將是一個重點關注領域。儘管受到對美國聯邦儲備局對減息態度不再激進的預期的影響，但對2025年區域型銀行股票的情緒依然積極。
齊昂銀行在下一個週期階段的定位良好，可能會受益於凈利息收益率的擴張，因爲它降低了存入資金的定價，並從固定利率資產的再定價中獲益。此外，銀行可能會受益於商業貸款增長的上升，並且有可能因略具資產敏感的資產負債表而獲利。預計在2025年將實現積極的經營槓桿，這將有助於提高經營效率和回報。
分析師對銀行股票在2025年的前景持樂觀態度，預計由於貸款增長改善、資本市場活動增強、積極運營槓桿的復甦以及持續的股票回購，收益增長將加速。預期基於強勁的經濟環境、降低的監管制約、增強的回報，以及併購潛力，市盈率將擴張。預計大盤股銀行在收益增長加速的情況下將持續超過市場表現。
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TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
